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SUN - Surgical Innovations News Story

2.5p 0.0  0.0%

Last Trade - 15/11/19

Sector
Healthcare
Size
Micro Cap
Market Cap £19.8m
Enterprise Value £20.8m
Revenue £10.8m
Position in Universe 1382nd / 1847

BRIEF-Surgical Innovations Group Says Orders In Uk And Europe Lower Than Expected

Tue 17th September, 2019 7:57am
Sept 17 (Reuters) - Surgical Innovations Group PLC  SUNU.L :
    * HY REVENUES OF £5.10M (2018H1: £5.28M)
    * HY ADJUSTED EBITDA OF £0.65M (2018H1: £0.93M)
    * HY ADJUSTED OPERATING PROFIT OF £0.22M (2018H1: £0.42M)
    * YEAR BEGAN POSITIVELY BUT THIS MOMENTUM WAS NOT CARRIED
INTO Q2
    * ORDERS IN UK AND EUROPE WERE LOWER THAN EXPECTED
    * ANTICIPATING RELATIVELY MODEST GROWTH IN SECOND HALF OF
2019
COMPARED TO FIRST HALF
    * BOARD ALSO ANTICIPATES THAT ADJUSTED OPERATING PROFITS
WILL SHOW
AN INCREASE IN SECOND HALF OF YEAR

Source text for Eikon:  ID:nRSQ5254Ma 
Further company coverage:  SUNU.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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